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Saget Company is considering the purchase of equipment that would cost $35.000 and offer annual...

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Accounting

Saget Company is considering the purchase of equipment that would cost $35.000 and offer annual cash 1of 14 H/2/2015 10:52 AM inflows of $10,500 over its useful life of 5 years. Assuming a required rate of return of 8%, what is the net present value of this investment opportunity? a) $(6,923) b) $17,500 c) $6,923 d) $41,923

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